At the start of December, the OPEC+ alliance expected a larger oil market surplus to the tune of 2 million bpd and more during the first quarter of 2022.
OPEC+ Sees Smaller Oil Market Surplus In Q1 | OilPrice.com
At the start of December, the OPEC+ alliance expected a larger oil market surplus to the tune of 2 million bpd and more during the first quarter of 2022.